Gold miner Sibanye’s profit plunges after fatal accidents hit output

Stellar Pacific Ventures announced that it was awarded by the Ministry of Mines of the Republic of Mali, an exploration authorization for the Namarana area which covers over 132 km2. This mineral title was delivered July 22, 2011 to Stellar Pacific Mail SARL, the company's wholly owned (100%) subsidiary in Mali.

DRC gold mine on track for Q4 production – Banro New York- and Toronto-listed Banro on Monday said its Twangiza gold project is on track to become the first new commercial gold mine in the Democratic Republic of Congo (DRC) in more than 50 years, with

Petra Diamonds is pleased to announce that Ministerial consent in terms of Section 11 of the Mineral and Petroleum Resources Development Act, 2002 (“MPRDA”) has been granted for the cession and transfer of the new order mining right for the Finsch diamond mine in South Africa (“Finsch”) from De Beers Consolidated Mines Limited (“De Beers”) to Afropean Diamonds (Pty) Limited (”Afropean”). Afropean represents Petra’s interests in Finsch; Afropean being owned as to Petra 74% and Petra’s Black Economic Empowerment partners 26%.

Platmin Limited announced production results from the Pilanesberg Platinum Mine and financial results for the quarter and half-year endedJune 30, 2011. Sales revenue for the quarter-ended June 30, 2011 was US$34.5 million, an increase of approximately 130% compared with US$15.0 million recorded in the prior corresponding period; and for the half-year ended June 30, 2011 - US$60.5 million, an increase of approximately 80% compared with the prior corresponding period. Sales of 4E PGM ounces for the June 2011 month was 9,258oz or about 110 000oz annualized;

Avocet Mining received the latest results from its drilling programme at its flagship Inata gold mine in Burkina Faso. The drilling programme was conducted over the first half of 2011 within the Company’s existing mine license area.

The Ivory Coast’s gold production capacity will almost double to 13t a year by 2013, from its current annual output of 7t, according to the country’s energy and mines minister Adama Toungara. “We will be able to reach 13tpa by 2013 and 20tpa by

Kenyan government will in October issue London listed Goldplat a lease to exploit the large gold deposits at Kilimapesa gold site in Narok County. An official at Kenya's ministry of mines said that Goldplat will be given a mining lease after completion

First Uranium announced that on August 11, 2011 a fatality occurred at the Ezulwini mine. An internal investigation is underway to determine the cause of the incident. A day of mourning started on Thursday evening night shift in sympathy of the deceased. The Department of Mineral Resource's review and investigation is also in progress.

Gold Fields, one of the world's top five gold producers, announced June quarter earnings that were up 15% to US$186 million, compared with US$158 million in the March quarter. During the same June quarter last year, Gold Fields made US$120 million. The company announced its quarterly results on Wednesday.